Account Executive

United Oil Company Pte Ltd| Date Posted: 19-Apr-2021
Save Job
Job Nature:
Position Level:
Diploma, Bachelor's / Honours

Job Description

Job Objective:

  • Manage full set of accounts in compliance with internal and external regulation
  • Prepare financial reporting and GST submissions 

Core Responsibilities:

Accounts Management

  • Handle full set of accounts (Accounts Receivable (AR), Accounts Payable (AP) and General Ledger) and ensure compliance with internal and external audit requirements
  • Perform monthly bank reconciliation
  • Prepare payments via cheques, TT, GIRO, TR and BG
  • Monitor and verify payments (including advance payments) for local and/or overseas suppliers
  • Work closely with the Business Development department on collection of monies
  • Prepare statement of accounts and verify payment terms of customers with the Business Development department
  • Prepare Credit and Debit Notes for suppliers and customers
  • Prepare AR and AP aging reports
  • Prepare AR and AP statement of accounts


Financial and Tax Reporting

  • Prepare monthly financial statements and submit to the Account Manager for review
  • Prepare monthly GST return


Other Administrative Duties

  • Manage petty cash and expenses claims
  • Prepare sales commission for the Business Development department
  • Provide clarification on AP/AR matters relevant to the job scope
  • Liaise with banks and regulatory authorities on matters related to statement of accounts and operational matters
  • Support the Account Manager to answer queries from government agencies and external parties
  • Prepare and submit government surveys (e.g. SPRING/EDB/IE/IRAS/CCS/DOS/SBF surveys)


Process Improvement

  • Work with stakeholders to review and improve financial and accounting processes


Job Specifications:

Minimum education qualifications:

  • Diploma in Accounting or equivalent
  • Bachelor’s degree in Accountancy an advantage

Minimum years of experience:

  • 3 years of relevant experience in Accounting for diploma holders

Key job-specific competency requirements:

  • Good knowledge of accounting principles and standards
  • Good Knowledge of GL Entries
  • Good analytical and problem-solving skills
  • Proficient in Microsoft Office
  • Highly meticulous and able to meet tight deadlines
  • High attention to detail
  • High integrity and commitment to good governance
  • Good communication skills
  • Knowledge of SAP B1 Hana an advantage

Key Result Areas:

  • Timely and accurate reconciliation of accounts
  • Timely and accurate invoice processing and submission of documents and reports (financial statement, GST, sales commission)
  • No major audit findings
  • High internal customer satisfaction (from Production, Supply Chain, Business Development)
Company Overview
United Oil Company Pte Ltd